ARM shares rise as it looks to LTE

ARM’s share price rose today as it highlighted its ongoing activity in supporting the move to LTE and LTE Advanced connectivity at the Mobile World Congress (MWC) in Barcelona.

Alongside its Partner Community, ARM set out its ambition to continue to provide processors for the next generation of mobile connectivity, claiming that it currently accounts for 95 percent of LTE baseband designs worldwide.

ARM claimed that with its architecture seeing widespread use over the past twenty years in 2.5G and 3G handsets, it is expected that this will continue into fourth generation technologies, while providing backwards compatibility for the previous generations.

“We are proud to have been part of the mobile ecosystem by leading innovation in mobile technology, as well as helping to develop standards as the industry transitions from 2.5G and 3G to 4G connectivity.”

“We welcome the fact that the industry is now quickly moving to LTE technology, which will significantly enhance user experience. With the combined expertise and knowledge of the ARM Partnership, we will enable a better connected experience using LTE based on ARM technology.”

ARM points to its Cortex family of processors as being vital for the push towards the use of LTE, and in the run up to the MWC the firm announced plans for new Cortex products, the R5 and R7, that will focus on delivering a new range of LTE and LTE Advanced devices.

Members of ARM’s Partner Community, which includes Samsung, Renesas Mobile, Qualcomm and others also highlighted the importance that ARM has to play in the move to the next generation of mobile devices.

“Intel Mobile Communications has successfully worked with ARM to produce market leading baseband solutions for the 2G and 3G markets,” said Prof. Dr. Hermann Eul, President of Intel Mobile Communications. Nice to see Intel loving ARM. And, of course, now Intel loves LTE.

“As we move into the next era of cellular technology, Intel Mobile Communications is ready to address future modem standards and ARM stays positioned as a partner for this. Cores such as the Cortex-R5 processor provide the performance that we envisage OEMs will require for LTE, and an upgraded roadmap as the market eventually transitions to LTE-Advanced.”